Business Description

Otter Tail Corp formerly known as 'Otter Tail Power Company' was incorporated in 1907 under the laws of the State of Minnesota. In 2001, the Company has changed its name to Otter Tail Corporation. The Company's businesses have been classified into four segments, namely, Electric, Manufacturing, Plastics and Construction. Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by OTP. In addition, OTP is an active wholesale participant in the Midcontinent Independent System Operator, Inc. (MISO) markets. OTP's operations have been the Company's primary business since 1907. Manufacturing segment consists of businesses in the manufacturing activities such as contract machining, metal parts stamping and fabrication, and production of material and handling trays and horticultural containers. These businesses have manufacturing facilities in Illinois and Minnesota, and sell products in the United States. Plastic segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. The PVC pipe is sold in the upper Midwest and Southwest regions of the United States. Construction segment consists of businesses involved in commercial and industrial electric contracting and construction of fiber optic, electric distribution, water, wastewater and HVAC systems in the central United States.

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